Market Intelligence
Global Markets
We track global markets for one reason: they set the conditions African assets operate in. Global rates determine external financing costs, and commodity prices determine Ghana's external accounts.
Global
Equities, rates and currencies
| Indicator | Value | Change | Trend | Source |
|---|---|---|---|---|
| S&P 500 | 7,722.72 | +56.27 (+0.73%) | End of dayFederal Reserve Economic Data (FRED) | |
| Nasdaq Composite | 27,190.86 | +319.26 (+1.19%) | End of dayFederal Reserve Economic Data (FRED) | |
| US 10-Year Treasury Yield | 5.24% | −0.05 (−0.95%) | End of dayFederal Reserve Economic Data (FRED) | |
| EUR/USD | USD1.1225 | −0.0073 (−0.65%) |
US 10-year Treasury yield
The global risk-free reference rate. Its level shapes external financing conditions for every African sovereign.
Unit: % · Frequency: Daily · End of day 1 October 2026 · Source: Federal Reserve Economic Data (FRED)
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| Date | US 10-Year Treasury Yield |
|---|---|
| 16 Sept 2026 | 5.01 |
| 17 Sept 2026 | 4.94 |
| 18 Sept 2026 | 5.01 |
| 21 Sept 2026 | 4.96 |
| 22 Sept 2026 | 4.96 |
| 23 Sept 2026 | 5.11 |
| 24 Sept 2026 | 5.18 |
| 25 Sept 2026 | 5.17 |
| 28 Sept 2026 | 5.24 |
| 29 Sept 2026 | 5.26 |
| 30 Sept 2026 | 5.29 |
| 1 Oct 2026 | 5.24 |
Commodities
What Ghana sells
Gold and cocoa receipts carry Ghana's external accounts, which is why these two prices belong in any assessment of the cedi.
| Indicator | Value | Change | Trend | Source |
|---|---|---|---|---|
| Gold | 3,940.00 | +42.00 (+1.08%) | ||
| Cocoa | 5,380.00 | −40.00 (−0.74%) | ||
| Brent Crude | 113.96 | −6.01 (−5.01%) | End of dayFederal Reserve Economic Data (FRED) |
Gold
US dollars per troy ounce.
Unit: USD · Frequency: Daily · As at 15 August 2026 · Source: World Bank Commodity Markets (Pink Sheet)
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| Date | Gold |
|---|---|
| 1 Sept 2025 | 3,520.00 |
| 1 Oct 2025 | 3,488.00 |
| 1 Nov 2025 | 3,545.00 |
| 1 Dec 2025 | 3,610.00 |
| 1 Jan 2026 | 3,672.00 |
| 1 Feb 2026 | 3,728.00 |
| 1 Mar 2026 | 3,695.00 |
| 1 Apr 2026 | 3,760.00 |
| 1 May 2026 | 3,812.00 |
| 1 Jun 2026 | 3,855.00 |
| 1 Jul 2026 | 3,898.00 |
| 1 Aug 2026 | 3,940.00 |
Cocoa
US dollars per tonne.
Unit: USD · Frequency: Monthly · As at 15 August 2026 · Source: World Bank Commodity Markets (Pink Sheet)
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| Date | Cocoa |
|---|---|
| 1 Sept 2025 | 6,520.00 |
| 1 Oct 2025 | 6,380.00 |
| 1 Nov 2025 | 6,210.00 |
| 1 Dec 2025 | 6,080.00 |
| 1 Jan 2026 | 5,940.00 |
| 1 Feb 2026 | 5,820.00 |
| 1 Mar 2026 | 5,710.00 |
| 1 Apr 2026 | 5,620.00 |
| 1 May 2026 | 5,540.00 |
| 1 Jun 2026 | 5,480.00 |
| 1 Jul 2026 | 5,420.00 |
| 1 Aug 2026 | 5,380.00 |
The Flowwealth Brief
The markets, economic developments and investment ideas that matter.
A weekly brief covering Ghanaian, African and global markets: one chart worth understanding, one investment concept explained, and Flowwealth’s view on what changed.
- Ghana, Africa and global markets
- One important chart, explained
- One investment concept per issue
- Upcoming research and events